The job market remained stagnant this year, both for advisers and wholesalers, according to Russell Reynolds Associates' wealth management recruitment and compensation trends report.

Investments pinned to nonfinancial criteria grew more than 13%, to $3.07 trillion in the three years through 2009, a troubled period when all professionally managed assets increased less than 1%, according to the Social Investment Forum Foundation.

The chairman of the Certified Financial Planner Board of Standards' board of directors said it is expecting "double the normal attrition" as a result of an 80% fee increase to fund a national public awareness campaign.

Robert Broeksmit, a career mortgage industry executive, will succeed David Stevens as the president and CEO of the Mortgage Bankers Association.

The Atlanta bank had previously failed compliance metrics in five straight quarters before passing them last year, according to the settlement's monitor.

Umpqua Bank has hired veteran lender Tom Farrell to help it grow its homebuilder finance group in California.

As the digital transformation journey accelerates the need for more collaborative, agile and tailored solutions between banks and fintechs becomes essential, says MYHSM's John Cragg.

Incumbent banks’ market position is underpinned by strong consumer trust and massive scale, but these historic advantages can no longer be taken for granted, Simon Wilson of Icon Solutions writes.

The move toward a cashless economy in China reveals a boom in actionable data, says Azoya USA's Franklin Chu.